WINNIPEG, Man.–More than 2,100 acres of prime industrial land are moving toward development, providing companies with opportunities to grow their businesses in a variety of new rail, truck and airserved industrial parks, said Manitoba’s Centreport.
“CentrePort already has 44 companies investing more than $220 million in building new capital operations, but this is really just the beginning,” said Diane Gray, president and CEO of CentrePort Canada Inc., following the release of the corporation’s 2016-2017 Business Plan.
“We are expecting significant growth as new industrial parks become available.”
These new industrial parks include:
Rail – the new 700-acre CentrePort Canada Rail Park, which is preparing to break ground with its anchor operation BroadGrain Commodities Inc.
Truck – several new truck-served industrial parks are in the works on more than 1,200 acres, with companies already filing applications for more than 400 acres of new projects.
Air – The Winnipeg Airports Authority is developing 260-acres on the west side of its campus, providing new direct airside co-location opportunities. These new industrial parks include lands located in CentrePort North (RM of Rosser) and CentrePort South (City of Winnipeg). Development to date has been clustered in CentrePort North, where more than 250 acres have been developed by various companies including new operations by FedEx Freight, Canada Cartage, ISCO Industries and Cassidy Manufacturing. CentrePort is also working with a coalition of landowners and developers to accelerate the development of CentrePort South. The Business Plan notes that a new economic impact study prepared by the Manitoba Bureau of Statistics shows that a full build-out of CentrePort South would add nearly $1 billion in GDP and create 11,700 person-years of employment (construction impacts only).
Julia Kuzeljevich is Editor of Canadian Shipper. She has been writing about transportation and logistics issues since 1999. All posts by Julia Kuzeljevich